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Nassim Nicholas Taleb on Antifragility

EconTalk

The Convexity Effect Is Not All Pessimistic

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I think about it a lot with economic policy, because when i suggest that maybe we should do nothing, or if the government should get small. But feple sayhe, he don't want to do anything. And my one counter is, but you don't know what you're doing. You've no idea what you'redoing, and you claim you have a scientific basis for it. I see im bringing in some more solutions here based on this convexity effect is not all pessimistic. O, thatr i petty much. N, can can map the extent of the unpredictability. Let me give an example. Ok? Ertypicl, you know, a big

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